Outlining the qualification criteria and procedure in relation to collective enfranchisement (buying the freehold) of a residential leasehold building (flats)
By Nicholas Kissen, Senior Legal Adviser This article originally appeared in Flat Living magazine, Winter 2011 It was not until...
This podcast is a conversation with Christopher Last from Dean Wilson LLP October 2016 LEASE would like to hear from...
Free webinar recording - available to watch now
Free webinar recording - available to watch now
Free webinar recording - available to watch now
A brief summary of the key points
Formalising participation in an action for collective enfranchisement.
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
An outline of the valuation principles to determine the price for acquiring the freehold of a building containing flats under the Leasehold Reform Housing and Urban Development Act 1993.
The value that can be attached to potential benefits leaseholders will gain when they buy the freehold from their freeholder. For example, when leaseholders buy the freehold they may gain a benefit where a leaseholder who did not participate in the purchase pays the new freeholder money for a lease extension.
LEASE is governed by a board, appointed as individuals by the Secretary of State for the Ministry of Housing, Communities & Local Government.